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Not always—heavily worn or broken furniture often isn’t worth repairing or refinishing (if it’s even possible). While some damage can be repaired and some of the visual appeal restored, major flaws, such as structural issues, can’t be fixed as easily. If you still want a cost-saving furniture refinishing project rather than purchasing all new, consider shopping for similar secondhand pieces at thrift stores, garage sales, and estate sales.

The best way to test the quality of a leather couch is to put your hands on it. If the upholstery is soft and warm, that’s a good indication that the quality is higher. It should also smell like traditional leather. If it smells like chemicals, you’re probably dealing with low-grade leather.

Ongoing maintenance of your leather furniture is the only way to prevent it from peeling and cracking. Real leather will peel and crack as it dries out. Leather conditioners are a great way to protect your leather furniture from drying out, and you’ll need to apply it about twice each year. It’s also a good idea to keep abrasive materials away from your leather to prevent cracking and peeling, including belt buckles, shoes, and multi-surface cleaners, especially those that contain alcohol.

It is usually worth repairing leather furniture, as it tends to retain its value, provided you care for the material. A typical repair for leather furniture will cost about $250, which is significantly more affordable than replacing the furniture entirely. Even if you spend toward the upper end of the typical cost range for a full reupholstering—around $4,000—you’ll still save money over replacing it. Of course, the quality of the leather and the piece of furniture matters. Consult a leather repair professional about whether it’s worth repairing your leather furniture.